Marks and Spencer Group (LON:MKS) Raised to Buy at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Marks and Spencer Group (LON:MKS) to a buy rating in a report published on Monday morning, MarketBeat.com reports. Jefferies Financial Group currently has GBX 310 ($3.83) target price on the retailer’s stock.

A number of other equities analysts have also commented on MKS. Shore Capital reissued a house stock rating on shares of Marks and Spencer Group in a report on Thursday, April 11th. JPMorgan Chase & Co. increased their target price on Marks and Spencer Group from GBX 260 ($3.21) to GBX 330 ($4.08) and gave the company an overweight rating in a research note on Thursday, April 11th. Finally, Barclays reaffirmed an overweight rating and set a GBX 300 ($3.71) price target on shares of Marks and Spencer Group in a research note on Tuesday, February 6th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of Moderate Buy and an average target price of GBX 290.83 ($3.59).

Marks and Spencer Group Stock Up 4.4 %

MKS stock opened at GBX 256.60 ($3.17) on Monday. The company’s 50 day moving average is GBX 248.20 and its 200 day moving average is GBX 248.54. The stock has a market cap of £5.21 billion, a price-to-earnings ratio of 1,283.00, a price-to-earnings-growth ratio of 3.10 and a beta of 1.57. The company has a current ratio of 0.80, a quick ratio of 0.42 and a debt-to-equity ratio of 115.61. Marks and Spencer Group has a 1-year low of GBX 157.20 ($1.94) and a 1-year high of GBX 293.20 ($3.62).

About Marks and Spencer Group

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.